KOTA KINABALU: State-owned Sabah Development Bank Berhad (SDB) is projecting a three-year turnaround as it announced a combined loss of nearly RM1bil for the financial years 2023 and 2024.
The company announced a pre-tax loss of RM878mil (net loss RM684mil) for 2023 based on its audited results and projected a pre-tax loss of approximately RM100mil for 2024.
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